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that nike is a hot brand. it's also one of oregon's biggest employers. and now the company is forcing the state's hand saying it wants a 40-year tax deal in exchange for bringing in new jobs or else. cnbc's own brian shactman joins us now with much more. good evening, brian. >> hi, larry. nike is the second biggest employer in the state of oregon. in fact, one of only two fortune 500 companies that have headquarters there. and basically they told the governor they want to expand and if they don't get tax certainty, they are going to be free agents and there are several states trying to poach them. the governor called a special session to pass legislation that says any company, nike, that spend $150 million in new investments over five years could get what they call single sales factor status. i want to explain it to people. that is taxing nike based on in-state sales, not just the combination of sales, real estate value and payroll taxes. it's an absolutely sweet deal for nike. whether it's 40 years or five years, it's going to be in between that range. but it shows you how important
are looking at a live picture outside a mall in portland, oregon. people have been killed. witnesses say the gunman had a rifle. we will report later. president obama, i'm going to switch gears now. he has hired 101 new government employees every day since i took office in 2009. that comes to 143,000 over paid workers. let's talk to chris edwards director of tax and policy at the kato institute. but besides this number 143,000 workers, when everybody has basketball getting laid off. average civilian pay, average federal workday, $134,000. that is $32,000 more than the average pay. that is astonishing. >> if you look at total compensation, the average worker does $124,000 a year versus $68,000 a year. the benefits are amazing. they get a 401(k) styled pension and they get high job security. they are laid off one quarter of the rate that high workers are. we don't want to draw the best and most skilled workers in washington. >> it is interesting to me, people seem to know this. 67% of us think that the people in the private sector work harder than those in the public sector. the federal wo
, the oregon shopping mall, and now we saw them in an elementary school. they're capable of firing if you have a magazine of 30, 30 bullets in a few seconds or even 100 in less than a minute. and, you know, this, make no bones about this, larry. the guy that went up to that school, adam lanza, he had enough bullets, enough magazines to eliminate the entire school. >> why do we need that? this is a question i have. i mean, i would get rid of the semiautomatic or narrow it down to extremely, extremely narrow stuff. but, again, why do we need these huge magazines? why do we need 100 bullets that sort of thing? why do hunters need that? >> why would a hunter need to have 100 magazine? what do they want to do? take a deer and destroy it completely? is that the sport? is that the fun? i thought hunting was about having one shot, if you're hunting for animals and taking that shot and experiencing your skill as a huntsman. there's no skill in blazing a deer with 100 bullets. there is no sensible reason why you need to have these high-capacity magazines other than for criminals who want to obliterate p
Search Results 0 to 2 of about 3